Caterpillar Inc. (CAT) Analyst/Investor Day November 4, 2025 10:00 AM EST
Company Participants
Alex Kapper – Vice President of Investor Relations
Joseph Creed – CEO & Director
Jason Kaiser – Group President
Anthony Fassino – Group President of Construction Industries Group
Denise Johnson – Group President of Resource Industries
Bob De Lange – Group President of Services, Distribution & Digital
Andrew R. Bonfield – Chief Financial Officer
Conference Call Participants
Jamie Cook – Truist Securities, Inc., Research Division
Angel Castillo Malpica – Morgan Stanley, Research Division
Kyle Menges – Citigroup Inc., Research Division
Jerry Revich
Jairam Nathan – Daiwa Securities Co. Ltd., Research Division
Mircea Dobre – Robert W. Baird & Co. Incorporated, Research Division
Stephen Volkmann – Jefferies LLC, Research Division
Charles Albert Dillard – Sanford C. Bernstein & Co., LLC., Research Division
Robert Wertheimer – Melius Research LLC
Michael Feniger – BofA Securities, Research Division
Adam Seiden – Barclays Bank PLC, Research Division
Kristen Owen – Oppenheimer & Co. Inc., Research Division
Steven Fisher – UBS Investment Bank, Research Division
Tami Zakaria – JPMorgan Chase & Co, Research Division
Sabahat Khan – RBC Capital Markets, Research Division
Michael Shlisky – D.A. Davidson & Co., Research Division
Presentation
Alex Kapper
Vice President of Investor Relations
Good morning, everyone, and welcome to Caterpillar’s 2025 Investor Day, the next 100 years. I’m Alex Kapper, Vice President, Investor Relations, and we’re pleased to host you, whether you’re joining online or in the room. And we’re really excited to share with you how we see the next chapter of our story unfold. Just a few quick reminders before we get started. We’ve already conducted the safety briefing here in the room, and so I’d encourage anyone joining remotely to be aware of their surroundings and their local safety protocols.
During our event today, we’ll make forward-looking statements, which are subject to risks and uncertainties. We’ll make assumptions that could cause our actual results to be different
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